Common use of Patent and Other Rights Clause in Contracts

Patent and Other Rights. The Lessee and the Lessee's Subsidiaries ----------------------- own or license under validly existing agreements (or could obtain such ownership, possession or license on terms not materially adverse to the Lessee and its Subsidiaries, taken as a whole, and under circumstances that could not reasonably be expected to have a Material Adverse Effect), and have the full right to license without the consent of any other Person, all patents, licenses, trademarks, trade names, trade secrets, service marks, copyrights and all rights with respect thereto, which are material to conduct the businesses of the Lessee and its Subsidiaries (taken as a whole) as now conducted.

Appears in 2 contracts

Samples: Participation Agreement (Quantum Corp /De/), Participation Agreement (Quantum Corp /De/)

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Patent and Other Rights. The Lessee and the Lessee's Subsidiaries ----------------------- own or license under validly existing agreements (or could obtain such ownership, possession or license on terms not materially adverse to the Lessee and its Subsidiaries, taken as a whole, and under circumstances that could not reasonably be expected to have a Material Adverse Effect), and have the full right to license without the consent of any other Person, all patents, licenses, trademarks, trade names, trade secrets, service marks, copyrights and all rights with respect thereto, which are material to conduct the businesses of the Lessee and its Subsidiaries (taken as a whole) as now conducted.

Appears in 1 contract

Samples: Participation Agreement (Quantum Corp /De/)

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Patent and Other Rights. The Lessee and the Lessee's Subsidiaries ----------------------- own or license under validly existing agreements (or could obtain such ownership, possession or license on terms not materially adverse to the Lessee and its Subsidiaries, taken as a whole, and under circumstances that could not reasonably be expected to have a Material Adverse Effect), and have the full right to license without the consent of any other Person, all patents, licenses, trademarks, trade names, trade secrets, service marks, copyrights and all rights with respect thereto, which are material to conduct the businesses of the Lessee and its Subsidiaries (taken as a whole) as now conducted.

Appears in 1 contract

Samples: Participation Agreement (Quantum Corp /De/)

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